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News
United States CFTC Gold NC Net Positions rose from previous $228.1K to $232K
2+ day, 21+ hour ago (117+ words) Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market. Find independent, trusted reviews and choose your perfect…...
United States CFTC S&P 500 NC Net Positions declined to $-76K from previous $-75.9K
2+ day, 21+ hour ago (119+ words) Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market. Find independent, trusted reviews and choose your perfect…...
Japanese Yen: Strength stabilising against US Dollar??? UOB
4+ day, 6+ hour ago (337+ words) UOB’s Quek Ser Leang and Lee Sue Ann note USD/JPY weakness is stabilising around 153.45 after a drop to 152.92 and recovery to 153.54. They now expect consolidation between 153.00 and 154.30 intraday. However, their 1–3 week view remains negative, with the year‑to‑date…...
Dollar comeback case 'a decent one'??? September Fed hike 'back in play"
4+ day, 6+ hour ago (546+ words) The dollar was left nursing heavy losses against most of its major peers after last month’s Treasury buyback wobble. Notwithstanding this, we think that the case for a near-term bounce in the greenback is a decent one. Warsh's hawkish pivot…...
EUR rates rising? WTI falling despite attacks – Forex trading GBP/USD in rising wedge [Video]
4+ day, 7+ hour ago (720+ words) Today we need to jump right into the economic calendar as we see today’s ECB interest rate decision and US inflation figures today and tomorrow. We have mixed strength and weakness on EUR pairs, so let’s take a closer look....
US Dollar: Bond buybacks reshape yield dynamics??? MUFG
4+ day, 8+ hour ago (348+ words) MUFG’s Lee Hardman notes that the US Dollar has softened over summer as the US Treasury’s announcement to at least double long-term bond buybacks undermined confidence while inflation risks rise. The first larger operation’s maximum size was tripled to USD6 billion,…...
The debasement trade goes mainstream: Ether and Silver challenge the Dollar together
4+ day, 8+ hour ago (574+ words) August 19 produced one of the year's stranger cross-asset rallies. Ether jumped 17.5% to $2,253, according to the ETHUSD price history. Silver futures finished 2.79% higher at $65.83 after opening near $63.43, historical market data show. Both moves came as the US Treasury stepped into a…...
British Pound remains under pressure against Japanese Yen amid hawkish BoJ bets
5+ day, 5+ hour ago (426+ words) The British Pound (GBP) trades 0.3% lower at around 207.80 against the Japanese Yen (JPY) during the European trading session on Wednesday. The cross is under pressure as the Japanese Yen (JPY) outperforms its peers, with market participants also pricing in expectations…...
Federal Reserve: Market mispricing risk into blackout??? TD Securities
5+ day, 9+ hour ago (479+ words) "Markets are the most mispriced for both a hold and a hike in the September meeting going into blackout period. While we tend to not see large repricings during blackout period weeks, CPI is likely to move markets, providing an…...
Japanese Yen: Strengthens against US Dollar on BoJ outlook - MUFG
6+ day, 11+ hour ago (315+ words) "The Japanese Yen strengthened to below the 154 level against the Dollar, its strongest since 23 February, amidst holiday-thinned US trading, likely positioning adjustments ahead of upcoming risk events, coupled with ongoing market pricing on a faster pace of monetary policy tightening…...